3 ms·
> The Fed can inflate away the value of those transactions anytime they want and not only do you have zero control over this process, it is not even possible to
by the_gastropod 8y ago
> The Fed can inflate away the value of those transactions anytime they want and not only do you have zero control over this process, it is not even possible to predict it.
Be real. Between USD and BTC, one has lost 70% of its value over the past ~7 months.
- sincerely 8y agoYou're not wrong but you're also choosing a specific time frame that makes your point sound stronger than it might necessarily be. I could do something similar: >BTC is worth the same as it was in November 2017 >Between USD and BTC, one has increased ~150% in value over the last year >Between USD and BTC, only one is worth ten times as much now as it was worth two years ago At the end of the day I am pretty sure I agree with the point you're trying to make (USD is a lot more stable/predictable/reliable than BTC even taking into consideration inflation) but you shouldn't use arguments that someone who disagrees with you could easily attack.
- deleted 8y ago[deleted]